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Assessor: Biggest property assessment drop since the Great Depression

Original post made on Jul 3, 2010

Santa Clara County's assessed property values fared better during much of the Great Depression than they did last year, tax assessor Larry Stone announced yesterday.

Read the full story here Web Link posted Friday, July 2, 2010, 1:59 PM

Comments (8)

Posted by Mr Advice
a resident of Blossom Valley
on Jul 3, 2010 at 6:24 am

THANK GOOGLE, THEY KEEP MV AFLOAT. I HAVE SPOKEN, LISTEN TO ME ALL YOU FOOLS OUT THERE!!


Posted by DCS
a resident of Old Mountain View
on Jul 5, 2010 at 9:04 am

My property value dropped 10% because of the BMR housing being built next door, that is 3x the average for Mountain View. Thanks City council members!


Posted by Old Ben
a resident of Shoreline West
on Jul 6, 2010 at 1:43 pm

Welcome to the Greater Depression! It's going to get worse. None of the systemic errors that led to this current economic crisis have been addressed, let alone resolved. Reinstate Glass-Steagal, ban credit-default swaps, audit (or abolish) the Fed, halt ALL immigration until we get unemployment down to 5% or less, return to manufacturing our own needs, and we MIGHT pull out of this.


Posted by Old Ben
a resident of Shoreline West
on Jul 7, 2010 at 9:42 am

Spending $10,000 per second on a massive unwinnable war is insane, and has a huge impact on the economy.


Posted by Patrice Ayme
a resident of another community
on Jul 18, 2010 at 10:22 pm

Agreed: insane wars and occupations, the destruction of Roosevelt Banking Act of 1933 (separating banking and speculation), etc.
With democrats like that, who needs republicans?
patriceayme.wordpress.com


Posted by Crack Sprat
a resident of Rex Manor
on Jul 18, 2010 at 11:06 pm

I know rich scumbags in Mtn View who see their racism and elitism as normal, as they continue to benefit off of military blood money. Meanwhile, CA natives pay squat in property taxes. Do the nation a favor, visit a Mtn View CEO or CFo and let him know what you think in person, at office or home.


Posted by Lee Ellak
a resident of another community
on Jul 23, 2010 at 5:26 pm

Ask your city council members how much money is spent on services for illegal immigrants. This money should be better spent on legal immigrants and residents. Charity begins at home; we need to care for legal immigrants and residents.

I'll bet that most city council members of any bay area city can not or will not tell you the cost of illegal immigrants. Shouldn't this money be spent on law-abiding residents?

My neighbor said her food bank allotment was cut in half because of the budget crisis, yet no local politician addresses the illegal immigration problem.

San Jose is considering closing some fire stations, laying off firemen, and reducing number of fire trucks, yet there no condemnation for illegal immigrants breaking the law or drawing on social services. On the contrary, the city council supports illegal immigrants by condemning Arizona's courageous law to curtail illegal immigration.

We need firemen in case of a major earthquake or terrorist attack. Regardless of some insane quotes by politicians that we have a secure border, you cannot have a secure border if 12 to 20 million illegal immigrants crossed the border.

For all the cities contemplating an Arizona boycott, this tells the illegal immigrants to come to your city. 100,000 illegal immigrants left Arizona voluntarily according to the Dept of Homeland Security. Where do you suppose the illegal immigrants moved? Yes, probably San Jose, San Francisco, Sacramento, and LA--all cities boycotting or condemning AZ. Look out taxpayers.


Posted by perspect
a resident of Old Mountain View
on Jul 29, 2010 at 9:01 pm

bay area housing prices have been over-priced for maybe ten years. The Nasdaq bubble money transferred over but it's probably never really pricked.


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